In a healthy stock market situation you would like to see stocks hitting new highs with leading stocks powering the way. However this is not the situation. More so we have 7 distribution days weighing heavy on the stock market. The leading stocks are not providing any substantial returns. This can be inferred either as […]

Not being a bear nor a bull…will we finally have a stock market correction after 5 years+? Seems every time we start down we bounce or V bottom. Yesterday was rather ugly however. The Nasdaq had a decline of 1.24% while the SPY fell .85%. The major averages all closed at their intraday lows in […]

For all of you that believe that the music will not stop, the last couple days might be a wake up call. This is an old bull market which is one of the longest and one of the most profitable. Do not forget not to keep your guard on. That is why you need a […]

I thought to share this email. When one is committed to trading. Anything is possible. It is hard work and persistence….Read below….I am very impressed from him!!!! It is so nice to hear this as most people actually lose money in trading. Trading and trend following is not easy and is full of challenges…

In order to succeed when trading and trend following one truly needs to believe that anything can happen. Do not fall in love with your favorite stocks. Do not let them make a round trip. Use trailing stops and lock in profits while you can. Watch this example with BABA.